Gender differences in risk aversion and ambiguity

Files in This Item:
File Description SizeFormat 
gearywp200903.pdf90.43 kBAdobe PDFDownload
Title: Gender differences in risk aversion and ambiguity
Authors: Borghans, L.Golsteyn, BartHeckman, James J.Meijers, Huub
Permanent link:
Date: 9-Mar-2009
Online since: 2010-02-04T14:35:22Z
Abstract: This paper demonstrates gender differences in risk aversion and ambiguity aversion. It also contributes to a growing literature relating economic preference parameters to psychological measures by asking whether variations in preference parameters among persons, and in particular across genders, can be accounted for by differences in personality traits and traits of cognition. Women are more risk averse than men. Over an initial range, women require no further compensation for the introduction of ambiguity but men do. At greater levels of ambiguity, women have the same marginal distaste for increased ambiguity as men. Psychological variables account for some of the interpersonal variation in risk aversion. They explain none of the differences in ambiguity.
Funding Details: Meteor
Type of material: Working Paper
Publisher: University College Dublin. Geary Institute
Series/Report no.: UCD Geary Institute Discussion Paper Series; WP/3/2009
Subject LCSH: Risk-taking (Psychology)--Sex differences
Human behavior--Sex differences
Other versions:
Language: en
Status of Item: Not peer reviewed
Appears in Collections:Geary Institute Working Papers

Show full item record

Page view(s)

Last Week
Last month
checked on Apr 6, 2020

Download(s) 20

checked on Apr 6, 2020

Google ScholarTM


This item is available under the Attribution-NonCommercial-NoDerivs 3.0 Ireland. No item may be reproduced for commercial purposes. For other possible restrictions on use please refer to the publisher's URL where this is made available, or to notes contained in the item itself. Other terms may apply.